The UAE Central Bank has sanctioned 11 banks operating in the country for failure to fully comply with anti-money laundering and terrorist financing regulations. The authority on Sunday confirmed it had slapped a total of $12.5 million (45.8 million UAE dirhams) in fines to the offending banks on January 24, 2021. However, the apex bankContinue reading “11 UAE Banks Fined For Anti-Money Laundering Compliance Failure”
Monthly Archives: January 2021
Story in Pictures: Zainab, Salman, Yahya Are Selling Eggs
IRSHAD SALIM — Yahya, Salman and Zainab are selling eggs at the Rawalpindi/Islamabad Daewoo parking lot. They came up to me –one by one, as I disembarked the bus from Lahore. It was a heartening “moment and memory” thing: kids selling something for a day’s earning instead of “begging” all day rain or sunshine. TheyContinue reading “Story in Pictures: Zainab, Salman, Yahya Are Selling Eggs”
Daily Walk: Even a Little is Good, More is Better
Walking for 30 minutes a day or more on most days of the week is a great way to improve or maintain your overall health: increased cardiovascular and pulmonary (heart and lung) fitness; reduced risk of heart disease and stroke; improved management of conditions such as hypertension (high blood pressure), high cholesterol, joint and muscularContinue reading “Daily Walk: Even a Little is Good, More is Better”
Unidentified Aerial Phenomena Spotted By Pakistani Pilots
Pakistan’s national carrier spokesperson confirmed two pilots of Pakistan International Airlines (PIA) saw a mysterious object during a flight from Karachi to Lahore on Saturday January 23, says a local media report. The country’s Meteorological Department on Wednesday issued a statement stating it cannot clearly tell whether the unidentified aerial phenomenon was a ‘flying saucer’Continue reading “Unidentified Aerial Phenomena Spotted By Pakistani Pilots”
Strategic Imbalance in South Asia (Video)
“Joseph Biden has been worn in as the 46th President during difficult times both domestically and internationally; International Relations can’t wait for all the dust to settle back home; U.S. Foreign policy in South Asia under Biden’s leadership may not change significantly though. There’s a strategic imbalance in US and Pakistan relations.” Three Pakistani ambassadors’Continue reading “Strategic Imbalance in South Asia (Video)”
India Republic Day Roadshow to Witness an ‘Inconvenient Guest’
President of Suriname, Chandrikapersad Santokhi (of Indian-origin) will be the Chief Guest at India’s Republic Day Parade on 26 January 2021 after British Prime Minister Boris Johnson canceled his visit to India –the decision to cancel the visit was taken in view of the COVID-19 pandemic that has escalated in UK because of the newContinue reading “India Republic Day Roadshow to Witness an ‘Inconvenient Guest’”
Iran Embraces Belt and Road
MIRZA ASLAM BEG: The Fundamental Blow has been delivered creating the Magical Realism. Some 45 years back, Prime Minister Bhutto established the Strategic Linkage with China by opening the Karakoram Highway across Khunjerab Pass. That helped us to build bed-rock of the “Strategic Pivot of our Defense Forces” which now anchors the CPEC armada, knownContinue reading “Iran Embraces Belt and Road”
‘Virtual’ Davos in Era of Pandemic Beyond Geopolitics
World Economic Forum (WEF) organizers are expecting leaders for a virtual gathering starting Monday — after the COVID-19 pandemic doused plans for the annual in-person event in Davos, Switzerland. Those attending include Chinese President Xi Jinping, German Chancellor Angela Merkel, South African President Cyril Ramaphosa and Indian Prime Minister Narendra Modi. The COVID-19 pandemic hasContinue reading “‘Virtual’ Davos in Era of Pandemic Beyond Geopolitics”
Pakistani Diaspora in U.S. Better Educated Than the General Population
UPDATE: The U.S. Census Bureau estimates that there were 508,116 U.S. residents of Pakistani descent living in the United States in 2018, mostly concentrated in New York, Texas and California. Their educational attainment level and household income are much higher –Bachelor’s degree or higher 54 percent, in comparison to the general U.S. population. Their medianContinue reading “Pakistani Diaspora in U.S. Better Educated Than the General Population”